The latest regarding Jeff Jarrett’s new pro wrestling promotion is that it will be financed by a group of partners, and not just country music star Toby Keith. It should be noted that Keith is worth $500 million himself, which is a considerable amount more than what Vince McMahon was worth before the WWE stock went through the roof.

Also, regarding the promotion’s financial backing, when the group was looking at possibly buying TNA, they were always described as “Nashville music investors.”

Speaking of Jarrett, he appeared at a sports convention in Nashville on February 22nd. While he didn’t say much about the new promotion, he did confirm that it was “a go,” and also spoke about the idea of doing a weekly Tuesday night television show.

(Credit: Wrestling Observer Newsletter)

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